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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Cash flows from operating activities:    
Net income $ 7,541 $ 10,490
Adjustments to reconcile consolidated net income to net cash provided by operating activities:    
Provision for credit losses 5,049 1,147
Depreciation expense 775 824
Amortization of intangibles 221 232
Amortization of premiums on securities 368 256
Amortization of lease right-to-use assets 349 329
Accretion of lease liabilities 133 131
Earnings on bank-owned life insurance (416) (430)
Stock-based compensation expense 557 545
Deferred income tax provision 158 622
Net gain on sales of assets (123) (88)
Earnings on securities (24) (9)
Change in operating assets and liabilities:    
Loans held for sale 670 (820)
Other assets (6,625) 303
Other liabilities 1,759 (3,517)
Total adjustments 2,851 (475)
Net cash provided by operating activities 10,392 10,015
Cash flows from investing activities:    
Purchases of securities (160,580) (153,962)
Proceeds from sales, calls and maturities of securities 153,005 153,056
Principal repayments of securities 9,522 4,969
Net increase in loans (30,168) (97,639)
Purchases of loan participations (2,500) (1,256)
Proceeds from sales of Small Business Administration loans 508 818
Net contributions to equity investments (97) (2,039)
Net purchases sales of premises and equipment (143)  
Proceeds from sales of repossessed real estate and other assets   20
Proceeds from insurance claims   (653)
Net cash used in investing activities (30,453) (96,686)
Cash flows from financing activities:    
Net increase in noninterest-bearing deposits 10,680 46,114
Net decrease in interest-bearing deposits (70,835) (61,397)
Net increase (decrease) in securities sold under agreements to repurchase 930 (898)
Redemption of trust preferred securities   (1,571)
Dividends paid on common stock (2,501) (1,245)
Payments to tax authorities for stock-based compensation (35) (2)
Proceeds from exercise of stock options 16 115
Repurchase of common stock (5,360)  
Net cash provided by financing activities (67,105) (18,884)
Net decrease in cash, cash equivalents and restricted cash (87,166) (105,555)
Cash, cash equivalents and restricted cash, beginning 372,064 382,070
Cash, cash equivalents and restricted cash, ending $ 284,898 $ 276,515